One of the world’s richest men, Mexican telephone tycoon Carlos Slim, linked up with the world’s best-known microfinance guru on Monday in a bid to help poor families out of poverty.
Slim and Bangladeshi Nobel Peace Prize laureate Muhammad Yunus plan to form a lending institution that in a first phase will give out more than 80,000 loans, mostly focused on women, to get them up
Rural Women[youtube=http://www.youtube.com/watch?v=mQ030y37uMQ]Norwegian telecom operator Telenor, which recently tightened ethical procedures in Bangladesh, still has sub-contractors there using child labour,
Knowledge for Development, OpinionNobel laureate Muhammad Yunus on Monday unveiled a deal between his pioneering Grameen bank and French group Veolia Environment to provide clean water to poor rural communities in Bangladesh.
The Bangladeshi economist also sought support from President Nicolas Sarkozy for creating more microcredit schemes to fight poverty, particularly in Africa.
“I wanted to make him understand how effective a tool microcredit is in helping the poor
DevelopmentNobel Peace Prize winner Muhammad Yunus founded a bank that has helped 7.5 million beggars and borrowers escape 
abject poverty in his native Bangladesh.Speaking to about 1800 people this week, he encouraged them to do what they could to change the world by using business techniques to solve everything from poverty to pollution.
“We can create a world where there will be no poor persons at all,” Yunus told students, non- profit organisers and members of the Bangladesh- American Society of Greater Houston.
Yunus recently wrote Creating a World Without Poverty: Social Business and the Future of Capitalism. In it he suggests that people create businesses with a societal motive, offering health insurance, cheque-cashing services or bank accounts for the
Knowledge for DevelopmentSharonkhola,Bagerhat is a severely Cyclone SIDR,2007 affected area of the country. An indigenous community named Cobbler is living at...
